Should SingPost divest its headquarters building?

Should SingPost divest its headquarters building?

[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12 per cent on May 15 despite SingPost proposing a dividend of S$0.09 a share for FY2025 ended March, with the payout from the gain from…

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Time’s not ripe for SingPost to sell its flagship building

Should SingPost divest its headquarters building?

[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12 per cent on May 15 despite SingPost proposing a dividend of S$0.09 a share for FY2025 ended March, with the payout from the gain from…

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Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million

Yoma Strategic’s H2 profit falls 12.4% to US.3 million

[SINGAPORE] Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from US$20.9 million in the same period last year.  This was mainly due to lower net fair value gains recorded on its investment properties in Myanmar, the conglomerate said in a regulatory…

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Julius Baer faces US$156 million loan loss charge

Julius Baer faces US6 million loan loss charge

[ZURICH] Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is emerging from a crisis triggered by its exposure to Rene Benko’s Signa real estate empire. The Zurich-based bank disclosed late Tuesday (May 20) that it’s taking a loan-loss charge of US$156 million…

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Suicide car bomber strikes a school bus in southwestern Pakistan, killing 4 children, officials say

Suicide car bomber strikes a school bus in southwestern Pakistan, killing 4 children, officials say

A suicide car bomber struck a school bus in southwestern Pakistan on Wednesday, killing five people — including at least three children — and wounding 38 others, officials said. It was the latest attack in the tense Balochistan province. The province has been the scene of a long-running insurgency, with an array of separatist groups staging attacks,…

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Accenture to promote 50,000 staff after six-month delay

Accenture to promote 50,000 staff after six-month delay

The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald Trump Published Wed, May 21, 2025 · 02:10 PM [MUMBAI] Accenture will promote almost 50,000 people worldwide in June as the company tries to boost morale after a six-month…

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China threatens enforcers of US’s Huawei curbs with legal action

China threatens enforcers of US’s Huawei curbs with legal action

Published Wed, May 21, 2025 · 12:56 PM CHINA said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI) chips, escalating a dispute that’s upset a tentative truce on tariffs. “China believes that the US abuses export controls to contain and suppress China, which violates international law…

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